Current Mileage Reimbursement Rate 2024 Maharashtra

Current Mileage Reimbursement Rate 2024 Maharashtra. According to the irs, the mileage rate is set yearly “based on an annual study of the fixed and variable costs of operating an automobile.” here are the mileage rates for the year 2024: 5p per passenger per business mile for carrying fellow employees in.

* airplane nautical miles (nms) should be converted into statute miles (sms) or regular miles when submitting a voucher using the formula (1 nm equals 1.15077945. India has its own set of travel reimbursement rules that you should understand, as it will affect how items are paid and included as part of payroll.